Nazara

The gaming giant plans to use these funds for strategic acquisitions and business expansion.

The Mumbai-listed company said it plans to acquire gaming IPs and studios as it targets the Indian and North American markets.

The publicly-listed company’s funding comes courtesy of SBI Mutual Fund, which disbursed it through three schemes.

Armed with a fresh strategy, gaming veteran Manish Agarwal is shaking things up at IndiGG, which his new venture acquired via a token swap.

Kratos Studios has also acquired IndiGG DAO through a token swap.

The India-based company’s e-sports and real-money gaming verticals, which nearly doubled during the quarter, drove the increase.

Orios Venture Partners’ Select Fund I focuses on new commerce, financial inclusion, new media, gaming, consumer tech, and agritech, among other sectors.

Multiple pivots made over the years mark the many lives of this gaming company which has become the first of its kind to go public in India

The company is proposing an initial public offering of its equity and has filed a draft red herring prospectus dated January 14, 2021.

Mega-rounds of funding were back in India this year, but this time they came from the east.